The US dollar is little changed after the release of last night’s FOMC minutes and traders will hope that Friday’s labor report will give the greenback a boost.
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Canadian Dollar Forecast: USD/CAD Bearish Engulf Resisted by Stronger USD
USD/CAD hovers around the 1.35 support level ahead of key U.S. and Canadian economic data.
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Japanese Yen in Focus as Crude Oil Sails South. Will Lower Energy Prices Sink USD/JPY?
The Japanese Yen has steadied after losing ground to the US Dollar overnight after the Federal Reserve reiterated that rates are going higher for longer. Where to for USD/JPY?
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Crude Oil Price Hammered by Growth Concern but Steadies Today. Where to for WTI?
Crude oil sunk on concerns around global growth on the back of IMF warnings, China uncertainty and the Federal Reserve making its case for slowing the US economy. Will WTI rebound?
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EURUSD Breakout Falters as Market Doubts Fed Commitment
The minutes to the Fed’s December 13th-14th policy meeting and 50 basis point rate hike held a consistent message for the markets: inflation is the focus and further rate hikes are ahead. Yet, the market still doubts the group’s commitment which further undermined the Dollar’s charge.
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Educ Arte Económico 